Canadian Manufacturing

IBM Canada and Celero sign 7-year agreement for hybrid cloud and data centre modernization

Celero provides digital banking technologies, cloud services, security and payment solutions to more than 110 credit unions and financial institutions across Canada

July 21, 2020  by CM Staff

PHOTO: IBM Canada Ltd.

CALGARY — IBM Canada and Celero, a solutions integrator for Canadian credit unions, have signed a seven-year, multi-million dollar strategic outsourcing agreement that IBM says will modernize and transform Celero’s data centre and data centre network environments, moving the firm’s infrastructure services onto a hybrid cloud environment.

Celero provides digital banking technologies, cloud services, security and payment solutions to more than 110 credit unions and financial institutions across Canada.

Xerxes Cooper, general manager of Global Technology Services for IBM Canada, said in a statement, “The vision that Celero is demonstrating in their commitment to innovation and transformation by migrating workloads onto a hybrid cloud environment is a fantastic example of an organization planning for success long-term.”

IBM says that through modernization of its technology and infrastructure services, Celero is enabling Canada’s credit unions to future-proof their systems with scalability, responsiveness, and security as the country moves through post-pandemic economic recovery.

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Tom Papagiannopoulos, senior vice president at Celero, added, “To deliver on our clients’ digital ambitions and accelerate their recovery from COVID-19, it’s critical for Celero to embark on this innovative path forward with our long-standing collaborator, IBM. The transformational opportunities of moving to a hybrid IBM Cloud platform will result in Celero and our clients becoming more agile, resilient and forward-looking, which will ultimately translate to a superior experience for credit union members.”

The IBM-Celero Agreement includes secure cloud services, resiliency testing, threat management, disaster recovery support and process automation.